There is plenty of heathy debate out there on the outlook for Fed rate cuts during 2024. And to be sure, you can find just about any forecast you like from the standard pool of professional pundits. Typical examples run something like “They will cut 25bps every...
To start 2024, I have decided to formally bring back the trade that has largely defined my career at Jefferies – risk parity!! I hinted at this in my last note from December; and after further reflection over the holidays, I am now taking the plunge. The bottom line...
To start 2024, I have decided to formally bring back the trade that has largely defined my career at Jefferies – risk parity!! I hinted at this in my last note from December; and after further reflection over the holidays, I am now taking the plunge. The bottom line is that the Fed put strike […]
